Prosperity Fund

(asked on 13th January 2020) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign Affairs, with reference to the Prosperity Fund's Global Trade Programme, what criteria was used to decide which countries would be chosen for the programme.


Answered by
Heather Wheeler Portrait
Heather Wheeler
This question was answered on 16th January 2020

​The middle income countries covered by the Prosperity Fund's Global Trade Programme (GTP) were selected based on findings from qualitative and quantitative analysis, which included assessments on the potential benefits to poverty reduction through supporting their economic development, and their willingness and capacity of countries to engage with UK expertise. The GTP is currently focusing on interventions in Indonesia, Vietnam, Turkey, India, South Africa, Nigeria, Columbia, Mexico and Brazil; countries which account for a significant share of global economic activity: together they account for 26% of global GDP and 20% of global trade flows. We will keep open options to expand interventions regionally, including into other Prosperity Fund eligible countries, where there are benefits to be gained from synergies with the core programme.

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